Send $10,000 for 1 Cent: Bitcoin Transaction Fees Hit ‘Unfairly Cheap’ Levels

Bitcoin (BTC) transaction fees are at a major low, making it the cheapest time for nearly 12 months to send bitcoin. According to a Twitter-based Bitcoin fee information service, Bitcoin transaction fees have hit a record low today of only 1 satoshi (the smallest unit in Bitcoin) per byte to get into the next block. Simply put, your transaction today would be confirmed in about 10 minutes or less even at the lowest possible fee. Next block fee: 1.0 sat/byteHour Read more …

Technical Analysis March 26, 2018

Overly, Bitcoin and most altcoins were up by week ending March25. According to data from Coin360, Bitcoin and ETH, the two most liquid coins in the world are up 11.45% and 5% respectively. This means somehow altcoins were supported and its definitely good news. EOS leads the recovery with a 54.96% gain in the past 7 days. In the same vein, will G20 Meeting regulatory support, Binance spreading their reach and shaking off JFSA amongst other important fundamental events change Read more …

Operator of Toronto Stock Exchange Announces Launch of Cryptocurrency Brokerage Platform

In a huge step towards bringing cryptocurrencies to the mainsteam, Shorcan Digital Currency Network (Shorcan DCN) is teaming up with Toronto-based Paycase to launch a brokerage service for Bitcoin and Ethereum. Shorcan DCN is a wholly-owned subsidiary of TMX Group, the Canadian financial services company known for operating the Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSX-V). The brokerage is set to launch mid-year. TMX Group says the brokerage is designed to leverage Shorcan DCN’s background in providing brokerage services with Read more …

This Week in Bitcoin: A New Dawn

News It’s too early to tell whether the crypto markets are out of the woods and inching back into the light. If a doctor was giving the prognosis, she would probably venture that we should remain “cautiously optimistic”. But if the top stories from this week in bitcoin are an indicator, there’s every reason to feel confident about the shape of crypto to come. Also read: Bitcoin Ransomware Attack Halts Major American City’s Government and Police Battle of Read more …

Crypto Mania Peaked Around Christmas, Fallen Markedly Since Says IG Group

Markets and Prices As if it wasn’t clear enough, we just got another indication that the cryptocurrency markets have soured for price speculators. One of the biggest names in the contracts-for-difference field, IG Group, has revealed that crypto CFD trading is on the decline this year. Also Read: Monthly Web Traffic for Major Bitcoin Exchanges Falls by Half Cryptocurrency Trading Fattens IG Group’s Profit Margins UK-headquartered CFD and spread-betting giant IG Group (LON:IGG) has reported its quarterly Read more …

Russian Official Refutes Country’s Role In Venezuela’s Petro Crytpocurrency

Join our community of 10 000 traders on Hacked.com for just $39 per month. A Russian official claims that his country never partnered with Venezuela on the Petro, Venezuela’s national cryptocurrency, Russia’s news source Tass reported on Friday. The Petro marks the world’s first state cryptocurrency. Artyom Kozhin, deputy director of the information and press department of the Russian Foreign Ministry, on Friday claimed a news story published by Time magazine and other news sources claiming to have an exclusive Read more …

How the 4th Pillar Platform is Helping Prevent Deforestation

The 4th Pillar is changing the way the Human Resources industry functions, thanks to its blockchain-based platform. However, it’s easy to overlook the project’s positive environmental impact. Businesses are Needlessly Damaging Our Ecosystem One of modern industry’s most destructive effects on Planet Earth is the large-scale deforestation which has been taking place for decades.  Forests cover approximately 30 percent of the planet — and are home to the vast majority of species and life on land. Crucially, they account for Read more …

Tennessee Warns Consumers About Steven Seagal-Backed Bitcoiin, Passes Bill Recognizing Blockchain and Smart Contracts

U.S. actor and martial arts expert Steven Seagal is again in hot water after another U.S. state has issued warnings about Bitcoiin, of which Seagal is the brand ambassador. Earlier this month New Jersey’s Division of Consumer Affairs announced that the state’s Bureau of Securities had issued an emergency Cease and Desist Order against Bitcoiin, also known as Bitcoiin 2nd Generation, Bitcoiin 2Gen, or B2G, for offering investors unregistered securities in its ICO of its cryptocurrency. Fast forward: the Tennessee Department of Commerce Read more …

China Filed The Most Blockchain Patents In 2017

The most patent filings for Blockchain technology to the World Intellectual Property Organization (WIPO) in 2017 came from China, Financial Times reports March 25. Data collected by Thomson Reuters from the international patent organization show that over half of the 406 patents in 2017 were from China: the country filed 225 Blockchain patents, followed by the US (91), and Australia (13). Patent applications for Blockchain technology tripled last year. According to Alex Batteson, an editor at Thomson Reuters’ Practical Law, Read more …

Satoshi Vision Conference Tokyo the Summit of Bitcoin Splitters

The Summit of the Bitcoin Splitters takes place in a befitting environment: right in the center of Tokyo, the first epicenter of a digital currency quake. From their meeting place, more than 400 participants of the three-day “Satoshi Vision Conference” of Japan’s emperors can see the roof. Satoshi Nakamato was the pseudonym of the person or group that came up with Bitcoin in 2009. And in the building, the participants are now discussing the future of the new digital coin Read more …

XMEDChain Goes Live With Their Much Anticipated ICO Pre-Sale – The World’s 1st Global Medical Blockchain + AI Big Data Platform

Their vision is to build a patient-oriented, sustainable, and intelligent ecosystem in medical data management, and help to build a more efficient global healthcare system. Hong Kong, China, March 20, 2018, XMEDChain is ushering in the next generation of medical data management. This ICO marks the world 1st use of Blockchain Technology + Artificial Intelligence on a global scale. As word of this ICO spread across the crypto community, many crypto enthusiasts have been waiting for the chance to participate Read more …

IRS Reminds Taxpayers Cryptocurrency Income Is Taxable

Join our community of 10 000 traders on Hacked.com for just $39 per month. U.S. taxpayers are required to report income from virtual currency transactions, the Internal Revenue Service has advised taxpayers in a notice. The agency has provided guidance on virtual currency in IRS Notice 2014-21 for taxpayers and tax preparers.   Just like transactions in any other property, virtual currency transactions are taxable. Those who fail to report the income tax consequences of such transactions can be audited and Read more …